Crisis events and the Dow

Author

Edward Jones - Chad Choate, AAMS

Posted on

Apr 26, 2024

Book/Edition

Florida - Sarasota, Bradenton & Charlotte Counties

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During times of crisis, such as economic downturns or global pandemics, it's understandable to feel anxious about your investments. However, knee-jerk reactions can often do more harm than good. History has shown that staying the course with a well-thought-out investment strategy tends to yield better results over the long term. For instance, during the 2008 financial crisis, investors who panicked and sold their stocks missed out on the subsequent market recovery, whereas those who stayed invested saw their portfolios regain and even exceed their pre-crisis levels over time.

It's crucial to remember that investing is a long-term endeavor, and short-term market fluctuations are a normal part of the process. By maintaining a disciplined approach and focusing on your long-term financial goals, you can avoid making impulsive decisions that could jeopardize your financial future. Instead of reacting to crises, consider using them as opportunities to review and possibly rebalance your portfolio to ensure it remains aligned with your risk tolerance and objectives.



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Edward Jones - Chad Choate, AAMS

Financial Advisor 828 3rd Ave. W., Bradenton, Florida, 34205

Hello, I'm Chad Choate a dedicated financial advisor in Bradenton, FL, I began my career with Edward Jones in 2017. As a financial advisor, I want to find out what's important to you and help you build personalized strategies to achieve your goals. As a lifelong Manatee County resident, I graduated from the University of South Florida and was a teacher in Manatee County before joining Edward Jones. My driving force is to change people's lives in a positive way, and what better place than my home to do that. Whether you're planning for retirement, saving for college for children or grandchildren or just trying to protect the financial future of the ones you care for the most, we can work together to develop specific strategies to help you achieve your goals. We will also monitor your progress to help make sure you stay on track or determine if any adjustments need to be made. Throughout it all, we're dedicated to providing you with top-notch client service. But we're not alone. Thousands of people and advanced technology support from our office can help ensure you receive the most current and comprehensive guidance. In addition, we welcome the opportunity to work with your attorney, accountant and other trusted professionals to deliver a comprehensive strategy that leverages everyone's expertise. Working together, we can help you develop a complete, tailored strategy to help you achieve your financial goals. I currently volunteer with the Manatee Hurricane football Broadcast and Booster Club, serve on my church's trustees council and have previously served as a leader in Young Life. I am a member of the Manatee Chamber of Commerce and an alumnus of their Leadership Manatee program. I have been married to my childhood sweetheart, Ashley, for 15 years and we have a son, Wesley, and daughter, Camryn. We enjoy watching our children play their sports and traveling as a family.